DJ Parker Hannifin Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Parker Hannifin Corp. $(PH)$ slipped 2.69% to $661.78 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
Parker Hannifin Corp. closed 7.89% short of its 52-week high of $718.44, which the company reached on January 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as $Danaher Corp(DHR-W)$. $(DHR)$ fell 5.54% to $186.81, Honeywell International Inc. $(HON)$ fell 1.42% to $221.87, and Eaton Corp. PLC $(ETN)$ fell 1.80% to $322.33.
Trading volume (627,488) remained 274,614 below its 50-day average volume of 902,102.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 16:42 ET (20:42 GMT)
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